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<p>[QUOTE="Conder101, post: 4557870, member: 66"]That is a complaint you will often hear from someone that buys bulk rolls of wheat cents. "It's a scam, they were almost all 1940's and 50's with just a few earlier ones." They forget that something like 90% of ALL the wheat cents were struck in the 1940's and 50's. You would EXPECT hoards that were put aside after the wheats were discontinued to be MORE than 90% 40's and 50's because many of the earlier coins were already gone from circulation.</p><p><br /></p><p>Think about this. If you were to start right now hoarding every Lincoln Memorial cent that came through you hands (not counting anything you may already be sitting on) What percentage of them would be zinc? The copper and the plated zince were both made for about the same length of time so do you think they would be about 50/50? No. Because something like 66% of ALL Lincoln Memorial cents were made 1983 and later. and with many of the older copper cents already gone into hoards what you would gather starting now would probably be 80% or more plated zinc.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 4557870, member: 66"]That is a complaint you will often hear from someone that buys bulk rolls of wheat cents. "It's a scam, they were almost all 1940's and 50's with just a few earlier ones." They forget that something like 90% of ALL the wheat cents were struck in the 1940's and 50's. You would EXPECT hoards that were put aside after the wheats were discontinued to be MORE than 90% 40's and 50's because many of the earlier coins were already gone from circulation. Think about this. If you were to start right now hoarding every Lincoln Memorial cent that came through you hands (not counting anything you may already be sitting on) What percentage of them would be zinc? The copper and the plated zince were both made for about the same length of time so do you think they would be about 50/50? No. Because something like 66% of ALL Lincoln Memorial cents were made 1983 and later. and with many of the older copper cents already gone into hoards what you would gather starting now would probably be 80% or more plated zinc.[/QUOTE]
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